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20130113
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CSPAN
Jan 13, 2013 2:45pm EST
economy is in the a better position than tomorrow that most other countries hit by the financial crisis. i a understand tim is ready for a break. obviously we are sad to see him go. but i cannot think of a better person to continue his work at treasury that -- than the jack lew. this is bittersweet because not only is 10 leaving the jacket and my chief of staff for the last year. was my budget director before that. i trust his judgment, value his friendship, and know very few people would give greater integrity than the man to my left. i don't want to see him go because it is working out well for me to have him in the white house, but my loss will be the nation's game. jack has the distinction of having worked and succeeded in some of the toughest jobs in washington and the private sector. as a congressional staffer in the 1980's, he helped negotiate the deal between president reagan and tip o'neill. under president clinton, he presided over three budget surpluses in a row. for all of this talk about deficit reduction, making sure our books are balanced, this is the guy who did it three
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